Tuesday 29 Sep 2026
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SINGAPORE (Aug 5): HSBC Holdings has launched a three-part US dollar senior bond sale on Wednesday to help fund a planned buyback of up to US$5 billion of its outstanding 2028 notes.

A term sheet showed HSBC is offering fixed-to-floating rate notes due in 2032 and 2037, as well as floating-rate notes due in 2032.

The bank gave initial price guidance of about 115 basis points over US Treasuries for the first 2032 tranche and 135 basis points for the 2037 notes.

The deal is expected to settle on Aug 14.

HSBC is the sole book-runner.

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